Our average is $0.98 and our target is around $10 The United States Bankruptcy Court for the Northern District of Texas has approved the amended joint plan of reorganization of the Company and six of its subsidiaries that are debtors and debtors in possession in the Chapter 11 cases pending
In response to questions, we are still holding our position in Pilgrim Pride, new symbol PPGDQ and old symbol PPC. As per our plan , we continued to scale in as the stock fell with majority of our buying at 0.50 and 0.62 based on our analysis of the value
We have held position in Pilgrim’s Pride through bankruptcy and added aggressively on the dips. Our average $0.98. Today’s earning report validates our thesis. Our methodology requires a partial sell right here at $3.80 and tight stop on the rest. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX